Don't get too complacent. August is historically a volatile time for the stock market.
The summers are ripe for flash crashes, or sudden market drops in a matter of seconds. Dwindling trading volumes are one of the prime causes of flash crashes.
That's the assessment from Nick Colas, co-founder of DataTrek Research.
"If you see this happen, do not trade," Colas said.
Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.
Email
Email sent
Thank you, your email to has been sent successfully.
